Mo­bil Nigeria Q1 profit up four­fold to N4.74 bn

Daily Trust - - REUTERS -

Mo­bil Nigeria said on Mon­day its first-quar­ter pre­tax profit in­creased more than four­fold to 4.74 bil­lion naira ($29.4 mln), from 924.09 mil­lion naira in the same pe­riod of last year.

Gross earn­ings also rose to 22.41 bil­lion naira dur­ing the three months, against 19.14 bil­lion naira in the pre­vi­ous year, the lo­cal unit of Exxon Mo­bil said in a fil­ing with the Nige­rian Stock Ex­change.

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